HEDO
ActiveSummary
HEDO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.0m and a net result of €234,498. Equity is growing by about 6.4% per year across the filed financial years. Its solvency ranks better than 88% of 135 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Real estate agency activities
NACE 68310
8th largest company by equity in Eupen, Real estate sector1 site
Size
€2.3mtotal assets 2026
- Equity
- €2.0m
- Profit
- €234,498
Structure
- ESCODirector · permanent representative HICK-ROX Dorothea
- OSSEMANN HerbertDirector
- OSSEMANN YvesDirector
2026 accounts 9 days early1 of 7 deeds summarised
Why 98lowers riskLiquidity: current ratio 3.54, cash €784,575Size: total assets €2.3mEquity €2.0m (85.4% of total assets)Founded in 1988Show the evidence
Checked score
Score 2026
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 87% of its sector peers (NACE 68, small)
Financial strength · tick = 2025
Strong
Solvency
100+5
equity 85.4% of total assets
Liquidity
92-1
short-term debt 10.0% · cash 33.5%
Profitability
81+3
return on assets 10.0%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025highest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.54, compared with 2.02 in 2025, above the usual 1.5; short-term debt: 10% and cash: 33.5% of total assets), and 14.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 92% on solvency, 98% on liquidity, 91% on profitability and 68% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
9 days early
2025
8 days early
2024
6 days early
2023
33 days early
2022
6 days early
2021
40 days early
2020
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 23 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-03-2027 year end31-10-2027 deadline
- Annual accounts filedfinancial year 2026 · full…
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2026, full format
In the rankings
#8 company by equity in Eupen, Real estate sector#8 oldest company in Eupen, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€234,498▲ 19.5%
2025 · €196,167
Working capital
€594,077▲ 4.0%
2025 · €571,239
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result recovers in 2026; 2026 is 16% above 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.3m
2026
Net result€0.2m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.3m
2026
Equity€2.0m
2026
Debt€0.3m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)10.0%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency85.4%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.54
2026
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.3m-€0.3m▲ 21.6%€0.3m▼ 7.7%€0.2m▼ 29.3%€0.3m▲ 24.1%€0.3m▼ 3.4%€0.2m▼ 10.5%€0.3m▲ 15.7%
Net result€0.2m-€0.3m▲ 21.0%€0.3mabove the sector's middle half▼ 7.9%€0.2mabove the sector's middle half▼ 29.6%€0.2mabove the sector's middle half▲ 16.8%€0.2mabove the sector's middle half▼ 2.0%€0.2mabove the sector's middle half▼ 7.9%€0.2m▲ 19.5%
Equity€1.3m-€1.4m▲ 7.6%€1.5mwithin the sector's middle half▲ 7.5%€1.5mwithin the sector's middle half▲ 5.8%€1.7mwithin the sector's middle half▲ 7.5%€1.8mwithin the sector's middle half▲ 6.8%€1.9mwithin the sector's middle half▲ 5.4%€2.0m▲ 7.2%
Total assets€2.5m-€2.6m▲ 3.9%€2.6mwithin the sector's middle half▼ 1.5%€3.0mwithin the sector's middle half▲ 15.0%€3.1mwithin the sector's middle half▲ 5.0%€2.6mwithin the sector's middle half▼ 16.9%€2.7mwithin the sector's middle half▲ 3.0%€2.3m▼ 12.1%
Debt€1.3m-€1.3m▲ 0.3%€1.1m▼ 11.1%€1.3m▲ 19.3%€1.3m▼ 6.0%€0.6m▼ 48.4%€0.6m▼ 3.0%€0.3m▼ 52.3%
Working capital-€0.2m--€0.2m▼ 2.8%-€0.06mwithin the sector's middle half▲ 76.6%€0.2mwithin the sector's middle half€0.4mwithin the sector's middle half▲ 139%€0.4mwithin the sector's middle half▼ 9.1%€0.6mwithin the sector's middle half▲ 41.6%€0.6m▲ 4.0%
Solvency50.0%-51.8%▲ 1.8pp56.5%within the sector's middle half▲ 4.7pp52.0%within the sector's middle half▼ 4.5pp53.2%within the sector's middle half▲ 1.3pp68.4%above the sector's middle half▲ 15.1pp70.0%within the sector's middle half▲ 1.6pp85.4%▲ 15.3pp
Current ratio0.60-0.65▲ 0.040.91within the sector's middle half▲ 0.261.20within the sector's middle half▲ 0.291.47within the sector's middle half▲ 0.271.68within the sector's middle half▲ 0.222.02within the sector's middle half▲ 0.343.54▲ 1.51
Return on assets (ROA)9.4%-11.0%▲ 1.6pp10.3%above the sector's middle half▼ 0.7pp6.3%above the sector's middle half▼ 4.0pp7.0%above the sector's middle half▲ 0.7pp8.2%above the sector's middle half▲ 1.2pp7.4%above the sector's middle half▼ 0.9pp10.0%▲ 2.6pp
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.5m ▼ 1.3%
Current assets
€828,426 ▼ 26.6%
Equity and liabilities €2.3m
Equity
€2.0m ▲ 7.2%
Provisions
€43,474 ▼ 74.6%
Debt
€299,474 ▼ 52.3%
Debt's share of the balance-sheet total falls from 23.6% to 12.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€458,134▲
2025 · €415,719
Cash flow
€418,465▲
2025 · €374,988
Debt to equity
0.15▼
2025 · 0.34
ROE
11.7%▲
2025 · 10.5%
Interest coverage
over 100
2025 · over 100
Debt ≤ 1 year
€234,349▼
2025 · €557,895
Debt > 1 year
€34,028▲
2025 · €31,500
Income taxes
€39,447▼
2025 · €39,677
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.4m | €0.5m | €0.006m | - | €0.06m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€0.001m | -€0.02m | -€0.008m | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | -€0.1m | - |
| Other operating charges640/8 | - | - | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | ▲ 5.3% |
| Non-recurring operating charges66A | - | - | - | €0.4m | €0.5m | €0.03m | - | €0.1m | - |
| Gross operating margin9900 | €0.6m | €0.6m | €0.6m | €1.0m | €1.0m | €0.6m | €0.5m | €0.6m | ▲ 10.8% |
| Operating profit (loss)9901 | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 15.7% |
| Financial income75/76B | - | - | - | €46 | €61 | €114 | €201 | €0.001m | ▲ 550% |
| Recurring financial income75 | €0.001m | €0.004m | €156 | €46 | €61 | €114 | €201 | €0.001m | ▲ 550% |
| Financial charges65/66B | - | - | - | €0.004m | €0.008m | €0.007m | €0.001m | €0.002m | ▲ 21.6% |
| Recurring financial charges65 | €0.01m | €0.01m | €0.007m | €0.004m | €0.008m | €0.007m | €0.001m | €0.002m | ▲ 21.6% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 16.2% |
| Transfer from deferred taxes780 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Income taxes67/77 | €0.03m | €0.05m | €0.04m | €0.03m | €0.05m | €0.04m | €0.04m | €0.04m | ▼ 0.6% |
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 19.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.002m | €0.001m | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 19.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.5m | €2.6m | €2.6m | €3.0m | €3.1m | €2.6m | €2.7m | €2.3m | ▼ 12.1% |
| Fixed assets21/28 | €2.1m | €2.2m | €2.0m | €1.8m | €1.7m | €1.6m | €1.5m | €1.5m | ▼ 1.3% |
| Tangible fixed assets22/27 | €2.1m | €2.2m | €2.0m | €1.8m | €1.7m | €1.6m | €1.5m | €1.5m | ▼ 1.3% |
| Land and buildings22 | - | - | - | €1.7m | €1.6m | €1.5m | €1.4m | €1.5m | ▲ 4.1% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.08m | €0.09m | €0.07m | €0.05m | ▼ 20.5% |
| Furniture and vehicles24 | - | - | - | €0.02m | - | - | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €0.007m | €0.07m | - | €0.06m | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.001m | €0.001m | €0.001m | €0.001m | €1 | €1 | = |
| Current assets29/58 | €0.4m | €0.5m | €0.6m | €1.1m | €1.4m | €1.0m | €1.1m | €0.8m | ▼ 26.6% |
| Amounts receivable within one year40/41 | €0.03m | €0.05m | €0.1m | €0.02m | €0.001m | €0.08m | €0.05m | €0.04m | ▼ 19.4% |
| Trade receivables40 | - | - | - | €0.01m | €0.001m | €0.06m | €0.05m | €0.04m | ▼ 20.2% |
| Other amounts receivable41 | - | - | - | €0.007m | - | €0.02m | - | €380 | - |
| Cash at bank and in hand54/58 | €0.3m | €0.4m | €0.4m | €1.1m | €1.4m | €0.9m | €1.1m | €0.8m | ▼ 27.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.003m | €0.003m | €0.003m | ▲ 11.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.5m | €2.6m | €2.6m | €3.0m | €3.1m | €2.6m | €2.7m | €2.3m | ▼ 12.1% |
| Equity10/15 | €1.3m | €1.4m | €1.5m | €1.5m | €1.7m | €1.8m | €1.9m | €2.0m | ▲ 7.2% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.2m | €0.3m | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | €0.8m | = |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Tax-exempt reserves132 | - | - | - | €0.001m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.5m | €0.6m | €0.7m | €0.7m | = |
| Profit (loss) carried forward14 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | ▲ 23.7% |
| Provisions and deferred taxes16 | €0.004m | €0.003m | €0.002m | €0.09m | €0.2m | €0.2m | €0.2m | €0.04m | ▼ 74.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.09m | €0.2m | €0.2m | €0.2m | €0.04m | ▼ 74.6% |
| Major repairs and maintenance162 | - | - | - | €0.09m | €0.2m | €0.2m | €0.2m | €0.04m | ▼ 74.6% |
| Deferred taxes168 | - | - | - | €0.001m | - | - | - | - | - |
| Amounts payable17/49 | €1.3m | €1.3m | €1.1m | €1.3m | €1.3m | €0.6m | €0.6m | €0.3m | ▼ 52.3% |
| Amounts payable after more than one year17 | €0.6m | €0.5m | €0.4m | €0.4m | €0.3m | €0.03m | €0.03m | €0.03m | ▲ 8.0% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 8.0% |
| Amounts payable within one year42/48 | €0.6m | €0.7m | €0.6m | €0.9m | €0.9m | €0.6m | €0.6m | €0.2m | ▼ 58.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.08m | - | - | - | - |
| Trade debts44 | €0.007m | €0.008m | €0.004m | €0.07m | €0.06m | €0.02m | €0.06m | €0.01m | ▼ 76.0% |
| Suppliers440/4 | - | - | - | €0.07m | €0.06m | €0.02m | €0.06m | €0.01m | ▼ 76.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.06m | €0.03m | €0.05m | €0.02m | ▼ 67.7% |
| Taxes450/3 | - | - | - | €0.04m | €0.06m | €0.03m | €0.05m | €0.02m | ▼ 67.7% |
| Other amounts payable47/48 | - | - | - | €0.8m | €0.7m | €0.5m | €0.5m | €0.2m | ▼ 54.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 18.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €237,080 | €286,948 | €264,164 | €186,024 | €217,367 | €213,002 | €196,167 | €234,498 | ▲ 19.5% |
| + Depreciation and write-downs630 | €198,376 | €202,890 | €203,864 | €203,718 | €199,927 | €175,058 | €178,821 | €183,967 | ▲ 2.9% |
| Operating cash flow (approximation) | €435,456 | €489,837 | €468,029 | €389,742 | €417,294 | €388,060 | €374,988 | €418,465 | ▲ 11.6% |
| Investment in fixed assets (approximation) | - | -€214,845 | -€36,463 | -€41,020 | -€89,912 | -€48,180 | -€119,015 | -€163,439 | ▼ 37.3% |
| Change in cash | - | €76,136 | €39,393 | €666,205 | €273,862 | -€479,761 | €168,933 | -€291,237 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | full format | 22-10-2026 | 2026-00565823 |
| 31-03-2025 | full format | 23-10-2025 | 2025-00547922 |
| 31-03-2024 | full format | 25-10-2024 | 2024-00513964 |
| 31-03-2023 | full format | 28-09-2023 | 2023-00456717 |
| 31-03-2022 | full format | 25-10-2022 | 2022-20471299 |
| 31-03-2021 | full format | 21-09-2021 | 2021-67700014 |
| 31-03-2020 | full format | 29-10-2020 | 2020-64600312 |
| 31-03-2019 | full format | 12-09-2019 | 2019-64100312 |
| 31-03-2018 | full format | 25-10-2018 | 2018-70000410 |
| 31-03-2017 | full format | 11-10-2017 | 2017-66900014 |
Similar companies · same sector, comparable size
LEOVILLE PROPERTIES V
BE 0450.120.679
Kraainem · equity €1,998,722
POLYFERON NV
BE 0428.580.543
Buggenhout · equity €1,996,595
THYDEL
BE 0480.005.092
Kruisem · equity €2,001,621
VDW PROJECTS
BE 0462.571.224
Hasselt · equity €1,995,110
Marnise
BE 0427.014.784
Beerse · equity €2,002,229
Of the 11,695 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,039. 2,771 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
under verification, last change in 2024
This board is reconstructed from a single act (24350641). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
ESCO
CurrentVerwalter · Public limited company · permanent representative: HICK-ROX Dorothea
OSSEMANN Herbert
CurrentVerwalter
OSSEMANN Yves
CurrentVerwalter
Permanent representatives 1
HICK-ROX Dorothea
CurrentPermanent representative · for ESCO
Other functions 3
ESCO
CurrentGeschäftsführendes verwaltungsratsmitglied · since 01-02-2024 · Public limited company · permanent representative: HICK-ROX Dorothea
OSSEMANN Herbert
CurrentGeschäftsführendes verwaltungsratsmitglied und präsident des verwaltungsrates · since 01-02-2024
OSSEMANN Yves
CurrentGeschäftsführendes verwaltungsratsmitglied · since 01-02-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2024, 3 in office
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| ESCO |
|
| OSSEMANN Herbert |
|
| OSSEMANN Yves |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
3 current directorsThe board mandates are listed below; here you explore them as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Board mandates elsewhere
2 board mandatesBoard mandates of this companythis company sits on their board2
2 locations
1 location
History
Acts, filings and financial milestones
Next filing, financial year 2027, expected by
2026
22-10
NBB filing
Annual accounts filed
financial year 2026 · full format
2025
23-10
NBB filing
Annual accounts filed
financial year 2025 · full format
2024
25-10
NBB filing
Annual accounts filed
financial year 2024 · full format
01-02
Gazette deed
Reappointments: OSSEMANN Herbert, OSSEMANN Yves and ESCO SAAppointments: OSSEMANN Herbert, OSSEMANN Yves and ESCO SA · Amendment of the articles · Registered office clause12 facts ▸
Gazette deed
Reappointments: OSSEMANN Herbert, OSSEMANN Yves and ESCO SA
Appointments: OSSEMANN Herbert, OSSEMANN Yves and ESCO SA · Amendment of the articles · Registered office clause12 facts ▸
- General meeting, 27-12-2023
- Amendment of the articles
- Registered office clause, “Streichung der Adresse des Gesellschaftssitzes aus den Statuten” (deed in German)
- Registered office clause, “4700 Eupen, Hütte 79 BP 13” (deed in German)
- Director reappointment, OSSEMANN Herbert (verwalter)
- Director reappointment, OSSEMANN Yves (verwalter)
- Director reappointment, ESCO SA (verwalter)
- Director appointment, OSSEMANN Herbert (geschäftsführendes verwaltungsratsmitglied und präsident des verwaltungsrates)
- Director appointment, OSSEMANN Yves (geschäftsführendes verwaltungsratsmitglied)
- Director appointment, ESCO SA (geschäftsführendes verwaltungsratsmitglied)
- Director compensation, “vergütet” (deed in German)
- Capital, €520,800
2023
28-09
NBB filing
Annual accounts filed
financial year 2023 · full format
2022
25-10
NBB filing
Annual accounts filed
financial year 2022 · full format
31-03
Financial
Weakest financial yearnet €186,024 ▼29.6%
Net result drops to €186,024, the lowest in the series; recovery starts the following year.
2021
21-09
NBB filing
Annual accounts filed
financial year 2021 · full format
2020
29-10
NBB filing
Annual accounts filed
financial year 2020 · full format
31-03
Financial
Highest result from 2019 to 2026net €286,948 ▲21%
Operating result €338,037, net result €286,948, both a record.
2019
12-09
NBB filing
Annual accounts filed
financial year 2019 · full format
2018
25-10
NBB filing
Annual accounts filed
financial year 2018 · full format
2017
11-10
NBB filing
Annual accounts filed
financial year 2017 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 38 annual accounts filed, the latest 10 are here; all 38 are under Financials.
1 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded09-03-1988
Financial year end31-03
Activities, NACEBEL 2025
68310Real estate agency activities
82990Other business support services
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433720256
Also
9925:BE0433720256
Registered
01-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Eupen · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Hütte 794700 EupenGround area
3,521 m²
Building footprint
359 m²
Building volume
2,007 m³
Parcel 63081A0155/00E000, Wallonia · tallest building 8.5 m. Linked by address, not a title deed.
1 establishment unit
Rue de la Source 19, 4711 Lontzen
since 1988unit no. 2.037.752.739
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63081A0155/00E000 | Wallonia | 3,521 m² | 1 · 359 m² | 8.5 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Verwaltung von Immobilien in Belgien und im Ausland sowie alle damit im weitesten Sinne des Wortes verbundenen Tätigkeiten (Ankauf, Verkauf…” (deed in German)
12 activities (deed in German)
- Verwaltung von Immobilien in Belgien und im Ausland sowie alle damit im weitesten Sinne des Wortes verbundenen Tätigkeiten (Ankauf, Verkauf, Tausch, Anmietung, Vermietung, usw ...)
- An- und Vermietung von Kraftfahrzeugen
- Beteiligung an anderen Gesellschafen oder Unternehmungen
- Verwaltungsratsmandate oder ähnliche Funktionen in anderen Gesellschaften oder Unternehmen
- Beratung im Bereich der Tierheilkunde, sowie im pharmazeutischen und im Para-medizinischen Bereich
- Zur Errichtung des Gesellschaftszwecks und -gegenstandes notwendigen oder nützlichen Geschäfte und Maßnahmen
- Erwerb anderer sowohl gleichartiger oder ähnlicher als auch nicht gleicher und ähnlicher Unternehmen
- Beteiligung an solchen Unternehmen
- Abschluss von Interessengemeinschaften
- Beteiligung an vorübergehenden oder nicht befristeten Unternehmenszusammenschlüssen
- Vergabe von Lizenzen und sonstigen Rechten im In- und Ausland
- Kaufmännische und finanzielle Handlungen mobiliarischer und immobiliarischer Art, die mit dem Gegenstand des Unternehmens mittelbar oder unmittelbar in Verbindung stehen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- HEDO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Einziger Verwalter auf unbestimmte Zeit, mehrere Verwalter höchstens sechs Jahre, Generalversammlung” (deed in German)“Wählt innerhalb seiner Mitglieder einen Vorsitzenden, sofort nach der ordentlichen Generalversammlung des Jahres ihres Ablaufs” (deed in German)“Schriftlich oder per e-mail, Beschlüsse des Verwaltungsrates” (deed in German)“Feste oder variable Vergütungen, Entlohnung” (deed in German)6 more provisions on this in the deed
- Permanent representative ruleA company that is a director names a natural person to carry out the mandate on its behalf.
- “Ausführung des Auftrags im Namen und für Rechnung der juristischen Person, Ständiger Vertreter” (deed in German)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Verwaltungsorgan beschließt und teilt den Aktionären die Ausführungsbestimmungen des Vorzugs- und Unterzeichnungsrechtes mit, auf die…” (deed in German)“Namensaktien, Aktionärsregister am Sitz der Gesellschaft” (deed in German)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Entgeltlich oder unentgeltlich, im Wege der Abtretung unter Lebenden oder von Todeswegen, Aktionär darf ohne Zustimmung aller anderen…” (deed in German)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Reingewinn, verbleibender Überschuss nach Abzug aller allgemeinen Kosten, Soziallasten und Abschreibungen” (deed in German)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- “ARTIKEL 14. Das Geschäftsjahr beginnt am ersten April und endet am einunddreißigsten März eines jeden Jahres. Zu diesem Zeitpunkt erstellt…” (deed in German)
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Die Überwachung der Gesellschaft erfolgt gemäß den gesetzlichen Bestimmungen. ARTIKEL 13 - Generalversammlungen Die Aktionäre treten zu…” (deed in German)
- Meeting ruleHow the company's meetings are run.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Auflösung, durch die Generalversammlung bezeichnet” (deed in German)